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Flos Norge AS

Org. no. 979527217 · Oslo · Founded 1997 · 6 employees

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Score · fiscal year 2023

1of 100

How to read this: the company is ahead of 0 % of companies in the Morning class Small in the same sector in 2023. What does this mean?

Rank in the Morning class Small: 6,790 of 6,803 · What are Morning company classes?
Place in the whole sector: 21,050 of 21,088 · Handel

Profile

Beaver · Builder

Lower profitability, lower solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 0 and solidity 0 out of 100 among companies in the Morning class Small in the same sector in 2023. Methodology

Against the sector

Flos Norge AS is 49 points below the median for companies in the Morning class Small in the same sector in 2023.

Median score 50 among 6,803 companies.

Against companies in the Morning class Small in the same sector in 2023: operating margin −48.2% (median 3.2%) and equity ratio −73.7% (median 36.1%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 31 October 2026Report an issue
Key figures · 2023

The numbers behind the score

The numbers behind the score · 2023
MeasureCompanyMedianAhead of
Operating revenue32 MNOK20 MNOK
Operating margin −48.2% 3.2% 0 %
Profit margin −48.1% 2.9% shown, not part of the index
Return on assets −94.3% 9.3% 0 %
Equity ratio −73.7% 36.1% 1 %
Debt-to-equity – 1.55 not compared
Current ratio 0.45 1.71 1 %
Revenue growth −46.8% 4.2% 1 %
Revenue per employee5.29 MNOK2.03 MNOK

The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2023. The bar shows the share of companies the figure is ahead of.

With an index of 1, Flos Norge AS does better than 0% of companies in the Morning class Small in the same sector (6,803 companies) in 2023.

Over time

Score 2022–2025

CompanyMedian02550751002022202320242025The shaded year is the sector's weakest year, used by the stress test.
  • Flos Norge AS
  • Median: companies in the Morning class Small in the same sector
Analysis · 2023

What the numbers say

Flos Norge AS had an operating margin of −48.2% and an equity ratio of −73.7% in 2023, and ranks 21,050 of 21,088 in Handel.

From 2022 to 2023: the operating margin fell from −10.0% to −48.2% and the equity ratio fell from 19.7% to −73.7%.

Flos Norge AS did weaker than the sector in 2022, the sector's weakest year.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

MethodInputMultipleEstimate
P/E Net profit: −18.1 MNOK 10.0 not meaningful
EV/EBIT Operating profit: −15.3 MNOK 8.0 not meaningful
P/B Equity: −12.0 MNOK 1.0 not meaningful

A mechanical estimate from public accounts, not advice. Mechanical estimate from public accounts with fixed multiples. Not a valuation and not advice to buy or sell. The multiples are provisional default values and must be adjusted per sector before the figures are used for anything. See the calculation

Indications · 2023

Worth a closer look

  • critical

    Equity is negative. How will it be rebuilt, and what do lenders and the auditor say about going concern?

    Based on: Equity ratio −73.7% (median 36.1%).

  • critical

    Consider strengthening liquidity: current liabilities are 2.2 times current assets.

    Based on: Current ratio 0.45 (median 1.71).

  • watch

    The company made a loss before tax. Are these one-off items or a pattern?

    Based on: Profit margin −48.1% (median 2.9%).

  • watch

    The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors?

    Based on: Operating margin −48.2% (median 3.2%).

Indications based on the latest annual accounts from open data. Not investment or financial advice.

See interest rates, prices and exchange rates for the sector

Data quality

  • critical Negative equity
Stress test · 2022

Scenario analysis: the sector's weakest year

The operating margin was −10.0% in 2022 (sector median 1.5%), and the equity ratio 19.7%. The company had a loss before tax that year. In the other years the operating margin averaged −34.1%.

The sector's weakest year was 2022, with a median operating margin of 1.5%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2023

What the score is made of

Profitability0 weight 30%
Solidity0 weight 25%
Liquidity1 weight 15%
Growth1 weight 15%
Consistency5 weight 15%

Durability: 12 (average over 2 years)

Index version 2. Data completeness 100%: the share of the weights that had data.

2023

Questions and answers

How profitable is Flos Norge AS?

The operating margin was −48.2% in 2023, against a median of 3.2% among companies in the Morning class Small in the same sector. Return on assets was −94.3%. The company made a loss before tax.

How solid is Flos Norge AS?

The equity ratio was −73.7% in 2023 (median 36.1%). Equity is negative, so liabilities exceed assets.

What is the liquidity of Flos Norge AS like?

The current ratio was 0.45 in 2023 (median 1.71). Current assets did not cover current liabilities.

How does Flos Norge AS compare in Handel?

Flos Norge AS ranks 21,050 of 21,088 in Handel for 2023. Among companies in the Morning class Small it is number 6,790 of 6,803. Revenue changed by −46.8% from the year before.

Group accounts

The company is registered as part of a group, but we have no group accounts for it. Group accounts are filed by the parent company, and open data does not say which company that is.

Read the figures with care: a company in a group can look strong because of group contributions, or weak because dividends go up to the parent. The figures are indications, not the full picture.

We do not show the group structure, because open data does not say who owns whom.

From the Central Coordinating Register

Org. no.
979527217
Legal form
AS · part of a group
Sector
Handel (46.470)
Morning company class
Small
Employees
6 registered 10 September 2026
Founded
23 December 1997 28 years in operation
Share capital
1.50 MNOK
Business address
Drammensveien 120, 0277 OSLO
Municipality
Oslo rank 63–220 of 357 in Norway
Latest accounts filed
2025

Source: Central Coordinating Register, Brønnøysund Register Centre. The employee count is reported by the company and may be older than the accounts. See the company at the Brønnøysund Register Centre

Ownership and roles

Chief executive
Carlo Moro
Chair of the board
Pablo Miguel Illueca Bel
Board member
Leonardo Venturini
Auditor
ERNST & Young AS
Accountant
Sparebank 1 Østfold Akershus Regnskapshuset AS

Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.

Owners and shareholdings will appear here once the shareholder data extract is in place.

Coming · not built yet

Error in the data?

Do you see an error in the figures or in how the company is mapped (sector, holding, group)? Let us know. Corrections require documentation.

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Figures last fetched 31 October 2026.

Details

Year by year · 2022–2025

Key figure2022202320242025Trend
Index231335
Rank23921,05022,16817,612
Operating margin−10.0%−48.2%−40.5%−13.5%
Return on assets−19.0%−94.3%−92.8%−31.2%
Equity ratio19.7%−73.7%−80.0%59.4%
Current ratio0.890.450.532.44
Revenue growth–−46.8%−12.3%−20.1%

Accounts

From the Brønnøysund Register Centre, in the company's reporting currency (NOK).

Key figure2022202320242025
Operating revenue59.7 MNOK31.7 MNOK27.8 MNOK22.2 MNOK
Operating profit−6.0 MNOK−15.3 MNOK−11.3 MNOK−3.0 MNOK
Profit before tax−6.0 MNOK−15.3 MNOK−11.2 MNOK−2.9 MNOK
Net profit−4.7 MNOK−18.1 MNOK−11.2 MNOK−2.9 MNOK
Financial expenses0.0 MNOK–––
Total assets31.2 MNOK16.2 MNOK12.1 MNOK9.2 MNOK
Current assets22.4 MNOK12.8 MNOK11.6 MNOK9.1 MNOK
Equity6.2 MNOK−12.0 MNOK−9.7 MNOK5.5 MNOK
Retained earnings4.7 MNOK−13.5 MNOK−11.2 MNOK−14.0 MNOK
Total liabilities25.1 MNOK28.2 MNOK21.8 MNOK3.7 MNOK
Current liabilities25.1 MNOK28.2 MNOK21.8 MNOK3.7 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 31 October 2026, accounts id 5450919.

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